Latest news in Benefits Canada Archive

2020 Workplace Benefits Awards now open for entries

Does your organization’s benefits or pension plan communications deserve recognition? Are you leading the way when it comes to supporting your employees’ mental health? Is your…

  • By: Staff
  • April 30, 2020 November 30, 2020
  • 09:00
IMCO reaches more than $70 billion AUM in 2019

IMCO reaches more than $70 billion AUM in 2019

The Investment Management Corp. of Ontario reached $70.3 billion in assets under management at the end of 2019, up from $63.3 billion at the end…

  • By: Staff
  • April 30, 2020 November 12, 2020
  • 09:00
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What’s next for variable benefits?

While the Canadian retirement industry has spent a lot of time focusing on the accumulation stage, the decumulation conversation is much further behind. For defined…

Green Shield Canada, PocketPills partner on virtual pharmacy access

Green Shield Canada, PocketPills partner on virtual pharmacy access

Green Shield Canada is partnering with digital pharmacy PocketPills on a virtual pharmacy app for its group benefits plans. Plan members will be able to…

  • By: Staff
  • April 30, 2020 November 12, 2020
  • 08:30

Employers expect remote, flexible arrangements to linger after coronavirus: survey

Many employers expect to maintain the flexible and remote-working policies they’ve recently put in place once the coronavirus pandemic is over, according to a new…

  • By: Staff
  • April 29, 2020 November 30, 2020
  • 15:20
Canadian DB plans return negative 7.1% in first quarter

Canadian DB plans return negative 7.1% in first quarter

Canadian defined benefit plans saw a median return of negative 7.1 per cent in the first quarter of 2020, after enduring a historic period of…

  • By: Staff
  • April 29, 2020 November 12, 2020
  • 15:15
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OMERS Ventures establishes US$750M transatlantic fund

OMERS Ventures, the venture capital arm of the Ontario Municipal Employees Retirement System, has closed a US$750 million venture capital fund — its largest fund…

  • By: Staff
  • April 29, 2020 December 13, 2020
  • 10:09
Lori Landry retires after nearly 40 years in benefits, pension industry

Lori Landry retires after nearly 40 years in benefits, pension industry

Lori Landry, chief marketing officer at Sun Life Global Investments, has retired, effective April 17. After nearly 20 years at Rogers Communications Inc. as a…

  • By: Staff
  • April 29, 2020 November 12, 2020
  • 09:00
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Coronavirus crisis sparks need for more investment analysis, monitoring

The current market environment isn’t like a regular market correction, but more like a natural disaster, says Joseph Connolly, vice-president of asset and risk management…

Institutional investors set to pull back on real estate investments in 2020: survey

Institutional investors set to pull back on real estate investments in 2020: survey

Global institutional investors say they intend to gently reduce their average new capital commitments to real estate in 2020. According to a new report by…

  • By: Staff
  • April 28, 2020 November 12, 2020
  • 15:15
OMA rolling out collective pension plan for physicians

Many frontline workers not receiving mental-health resources from employers

While employers of frontline workers have beefed up their policies to physically protect workers from the spread of the coronavirus, many aren’t providing additional supports or mental-health resources,…

  • By: Staff
  • April 28, 2020 January 15, 2022
  • 15:00

Coronavirus casting light on different ESG issues

The coronavirus pandemic is hastening certain trends that institutional investors incorporating environmental, social and governance issues have been eyeing for some time. One trend is…

Vancity supporting staff with frontline worker rotation, virtual health care

Vancity supporting staff with frontline worker rotation, virtual health care

Vancouver City Savings Credit Union has put its frontline staff on a rotation system and introduced a virtual health-care app to support them during the…

Employers permitted to suspend DC pension contributions, says FSRA

Employers permitted to suspend DC pension contributions, says FSRA

The Financial Services Regulatory Authority of Ontario has confirmed it will permit a suspension of employer contributions to defined contribution pension plans on a temporary…

5 benefits predictions for the fallout of the coronavirus pandemic

5 benefits predictions for the fallout of the coronavirus pandemic

In the midst of the most significant socio-economic and health crisis since WWII — and maybe even longer — virtually every aspect of modern society has been…

  • April 28, 2020 November 11, 2020
  • 08:30
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Using alternatives to strive for stability at the City of Montreal pension plans

Changes to Quebec’s pension legislation, including a move away from solvency funding requirements and the introduction of a cost-sharing model, against the backdrop of a…

Half of Canadians report worsening mental health: survey

Half of Canadians report worsening mental health: survey

With the increase in job losses, illnesses, uncertainty and self-isolation, how is the coronavirus survey affecting Canadians’ emotional and psychological well-being? Half of Canadians reported…

  • By: Staff
  • April 27, 2020 November 12, 2020
  • 15:00
BCI joins global effort advocating for sustainable capital markets

BCI joins global effort advocating for sustainable capital markets

The British Columbia Investment Management Corp. is aligning itself with other global pension investors by signing a new joint letter calling for long-term sustainability to become a more…

  • By: Staff
  • April 27, 2020 November 11, 2020
  • 15:00

Remote working, distributed workforces could be part of new normal post-coronavirus

With coronavirus cases starting to peak in some Canadian provinces, employers are likely beginning to prepare for a return to work once lockdown restrictions eventually ease.…

UTAM pension portfolio sees 13% return for 2019

The University of Toronto Asset Management Corp. has earned a 13 per cent return on its pension portfolio for 2019, and a 12.9 per cent…

  • By: Staff
  • April 27, 2020 December 13, 2020
  • 09:43
Nova Scotia Teachers’ returns 12.36%, issues cautions about coronavirus impact

Nova Scotia Teachers’ returns 12.36%, issues cautions about coronavirus impact

The Nova Scotia Teachers’ Pension Plan is bracing for the effect of the coronavirus pandemic on its assets as it reported a 78.2 per cent funded…

  • By: Staff
  • April 27, 2020 November 12, 2020
  • 08:45
CPPIB part of development joint venture in South Korea

CPPIB part of development joint venture in South Korea

The Canada Pension Plan Investment Board, alongside Dutch pension fund ASG and asset manager ESR Cayman Ltd., has entered into a new strategic agreement to…

  • By: Staff
  • April 24, 2020 November 12, 2020
  • 15:15
A tough first quarter for Canadian pension managers’ pooled funds

A tough first quarter for Canadian pension managers’ pooled funds

It’s no surprise that Canadian pension funds had a rough first quarter of 2020 and the latest data from Morneau Shepell Ltd.’s universe of pension…

  • By: Staff
  • April 24, 2020 November 11, 2020
  • 15:00
CAAT pension plan returns 16% in 2019, well-positioned to weather coronavirus storm

CAAT pension plan returns 16% in 2019, well-positioned to weather coronavirus storm

The Colleges of Applied Arts and Technology pension plan saw a strong 2019, delivering a 16 per cent return, net of investment management fees, while…

Retraite Quebec introduces temporary measures for DB pensions

Retraite Quebec introduces temporary measures for DB pensions

Retraite Quebec is implementing two temporary easing measures to help supplemental pension plan administrators during the coronavirus outbreak. The measures involve extending deadlines for certain…

  • By: Staff
  • April 23, 2020 November 30, 2020
  • 15:20